ECARX (NASDAQ:ECX) Sees Unusually-High Trading Volume – Still a Buy?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) shares saw an uptick in trading volume on Friday . 1,711,486 shares were traded during mid-day trading, an increase of 23% from the previous session’s volume of 1,393,425 shares.The stock last traded at $2.20 and had previously closed at $2.02.

ECARX Price Performance

The firm has a market capitalization of $740.11 million, a PE ratio of -4.38 and a beta of 0.35. The company has a 50-day moving average price of $1.88 and a 200-day moving average price of $1.81.

About ECARX

(Get Free Report)

ECARX Holdings Inc develops a full stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology by smart mobility worldwide. It offers system on chips, central computing platforms, operating systems, and software. Its core products include infotainment head units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack.

Further Reading

Receive News & Ratings for ECARX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ECARX and related companies with MarketBeat.com's FREE daily email newsletter.